South Asia · BT · BTN
Bhutan
འབྲུག་ཡུལ་
3 licensed entities supervised by the Royal Monetary Authority.
- Listed insurers
- 3
- Insurance classes
- 3
- Groups present
- 0
Reinsurance tax on foreign reinsurers
Latest available research by tax type. Treaty relief and transaction conditions can change the result.
- Bhutan: Rate not established — Not verified · reviewed 2026-10-06
A sense of place
Beyond the numbers.
Heritage, places of work and the landscapes that connect them. Three selected references behind this artistic portrait.
Local names, languages & illustration notes
Selected local names and languages, with links to the references behind this artistic composition.
Bhutan
- Dzongkha
- འབྲུག་ཡུལ་
Name reference: mledoze/countries · ODbL data · ODbL licence. Flag artwork: flag-icons · MIT.
By class of business
Each company is counted once, under the class its register row records. The supervisor’s own tally counts licences, so a company licensed for more than one class appears more than once there.
By ownership
Verification log
Partially verified - RMA publishes no insurer register; its FID Annual Report 2025-26 names the two licensed insurance companies (RICBL, BIL), and the reinsurer appears only as a link in the RMA site's non-bank list · RMA Financial Intelligence Department Annual Report 2025-2026 (PDF created 14 Sep 2026): "the two licensed insurance companies" RICBL and BIL; RMA Annual Report 2025 (non-bank FIs RICBL, BIL, NPPF); RMA website footer "Non-Banks": RICBL, Bhutan Insurance Ltd, NPPF, GIC (gicbhutanre.com), retrieved 22 Sep 2026: 3 insurance entities
All 3 rows corroborated by RMA publications: its FID Annual Report 2025-26 names RICBL and BIL as the two licensed insurance companies, and GIC-Bhutan Re is listed among RMA's non-bank institutions on its website; no additions or removals. RMA publishes no formal register of insurers, so licence categories are not stated.
Licensed insurers in Bhutan
Scroll horizontally to compare columns.
| Company | Class | Parent / group | Ownership | Regulator | Verification | Popularity |
|---|---|---|---|---|---|---|
| Royal Insurance Corp of BhutanState-owned Registered as Royal Insurance Corporation of Bhutan Limited (RICBL) | CComposite | RICB | State-owned / parastatal | RMA | Partial | — |
| Bhutan Insurance Ltd Registered as Bhutan Insurance Limited (BIL) | GGeneral (Non-life) | BIL | Domestic private | RMA | Partial | — |
| GIC-Bhutan Re Registered as GIC | RReinsurer | GIC Re / Bhutan | Foreign multinational | RMA | Partial | — |
No insurers match that filter.
Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works
South Asia
